Heated Brazilian demand results in rising cement imports
Bottlenecks in the supply of cement to meet a heated demand in Brazil are leading to mounting imports of cement and clinker which have reached 2.1Mt from Jan-Sep 2011, up 74,3% from the same period in 2010, reports Brasil Economico.
Recent data from industry association, Sindicato Nacional da Indústria do Cimento (SNIC), shows that cement sales during the January-September 2011 period advanced 7.7% YoY to 47.2Mt.
Local cement demand has been increasing on the back of a boom in residential and commercial construction, along with the 2014 World Cup and 2016 Olympic Games in Rio de Janeiro. The modernisation of the Brazilian infrastructure, such as ports, airports, roads, railways and power plants will continue to drive this increased demand.
Published under Cement News
